First Sale Valuation is a rule that helps U.S. importers reduce customs duties. By assessing the value of goods based on the first sale price rather than the final transaction price, qualifying importers can effectively save costs and enhance market competitiveness.
This article provides a detailed analysis of the raw cane sugar classified under HS code 1701140001, which contains no added flavoring or coloring agents. It covers information on tax rates, declaration requirements, and regulatory conditions, offering comprehensive guidance for import and export trade to facilitate informed decision-making.
The high tariffs imposed by the US on China have prompted Chinese exporters to evade these tariffs through transshipment trade via third countries, raising concerns among neighboring Asian nations. Trump's new policies have further increased global trade uncertainty, necessitating careful responses from stakeholders.
This article details the significance of the CBP invoice from the U.S. Customs and Border Protection, covering additional duties and other fees. It introduces the new version of the CBP invoice and electronic inquiry methods, explaining its impact on importers and customs brokers. The article emphasizes the importance of timely financial management for smooth transactions.
In 2025, the logistics industry will face multiple challenges, including rising tariffs, labor disputes, and increasing transportation costs. Supply chain managers need to prepare in advance and respond flexibly to ensure operational efficiency.
The United States Postal Service (USPS) has announced a suspension on accepting packages from China and Hong Kong, raising concerns among cross-border e-commerce sellers. As a result, the small package logistics market is in turmoil, with sellers facing pressure to adapt to new policies and additional costs. Sellers need to closely monitor changes in tariffs and consider switching to other shipping companies.
